Gloom and frustration pervaded the World Trade Organization on Monday as the prospects of completing a new global commerce pact this year receded. The WTO’s 153 members had agreed to take stock at the end of March on whether the …
The ACE Group has announced its initial executive appointments to its newly-created Global Client Executive team. Those assigned to the team will “work collaboratively with clients and distribution partners in major markets around the world to respond to their needs …
Arthur J. Gallagher & Co. has acquired Securitas Re of Sao Paulo, Brazil from Estater Gestao de Investimentos Ltda. Terms of the transaction were not disclosed. It will trade internationally as Gallagher Brazil, as a licensed facultative reinsurance broker, and …
A senior U.S. official Tuesday criticized China and other leading developing countries for trying to weaken the Copenhagen Accord to fight global warming and raised the prospect that a fuller international pact may be not be struck by year’s end. …
“Rates for Mining Property Damage & Business Interruption (PD/BI) insurance are likely to soften in 2010, but could harden again should this volatile sector experience a catastrophic loss, according to the latest Mining Market Review from Willis Group Holdings. Willis …
Trade ministers expressed gloom on Saturday, January 30, about the prospects of concluding stalled global trade liberalization talks this year, with many blaming the United States for foot-dragging. Ministers from about 20 major economies held informal talks on the sidelines …
Swiss Insurer Zurich Financial Services almost doubled its Initial Public Offering-related premiums in Brazil last year and is optimistic about its growth prospects, the company’s chief executive said Thursday. “The financial line, which would be inclusive of IPOs, is our …
Wall Street executives welcomed U.S. President Barack Obama’s plan to create jobs and a softening of his attack on banks, but questioned on Thursday whether proposals in his State of the Union address would become law. Obama pushed job creation …
Troops and planeloads of food and medicine trickled in to Haiti Thursday to aid a traumatized nation still rattled by aftershocks from the catastrophic earthquake that flattened homes and government buildings and buried countless people. The Haitian Red Cross said …
Traumatized Haitians slept out in parks and streets Thursday, fearing aftershocks to the catastrophic earthquake that flattened homes and government buildings and buried countless people. Tens of thousands of people were feared dead and many were believed to be still …
